This property looks like a bad Long-Term investment with a projected -20.16% first-year return on $165k initial cash invested.
-20.16%
Cash On Cash
2.46%
Cap Rate
0.38
DSCR
$2,822
Rent
-$2,765
Cashflow
Cash Flow
$2,822 income − $5,587 expenses = $2,765 out of pocket
Investment Breakdown
|
Purchase Price
$784k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$157k
Closing costs
1%
$7,836
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,822
Total Expenses
$5,587
Mortgage P&I
150%
$4,228
Property Taxes
12%
$348
Home Insurance
10%
$278
HOA
0%
$0
Property Management
10%
$282
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0